Walmart Inc. (NYSE:WMT) Shares Sold by Aspire Private Capital LLC

Aspire Private Capital LLC trimmed its position in Walmart Inc. (NYSE:WMT) by 2.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,991 shares of the retailer’s stock after selling 151 shares during the quarter. Aspire Private Capital LLC’s holdings in Walmart were worth $632,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Verum Partners LLC raised its holdings in shares of Walmart by 2.4% in the 4th quarter. Verum Partners LLC now owns 6,453 shares of the retailer’s stock valued at $583,000 after purchasing an additional 150 shares in the last quarter. Perfromance Wealth Partners LLC raised its holdings in shares of Walmart by 2.0% in the 4th quarter. Perfromance Wealth Partners LLC now owns 406,878 shares of the retailer’s stock valued at $36,761,000 after purchasing an additional 8,084 shares in the last quarter. Oxinas Partners Wealth Management LLC raised its holdings in shares of Walmart by 1.5% in the 4th quarter. Oxinas Partners Wealth Management LLC now owns 9,071 shares of the retailer’s stock valued at $820,000 after purchasing an additional 136 shares in the last quarter. Mitsubishi UFJ Asset Management UK Ltd. raised its holdings in shares of Walmart by 66.7% in the 4th quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 25,000 shares of the retailer’s stock valued at $2,259,000 after purchasing an additional 10,000 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH raised its holdings in shares of Walmart by 7.0% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 77,618 shares of the retailer’s stock valued at $7,013,000 after purchasing an additional 5,057 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Performance

Shares of NYSE WMT opened at $93.26 on Thursday. The company has a market cap of $749.19 billion, a PE ratio of 38.27, a price-to-earnings-growth ratio of 4.36 and a beta of 0.55. Walmart Inc. has a 12 month low of $53.44 and a 12 month high of $96.18. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. The company has a 50-day simple moving average of $91.47 and a 200-day simple moving average of $81.79.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. The business had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.51 earnings per share. On average, equities analysts anticipate that Walmart Inc. will post 2.47 earnings per share for the current year.

Insider Activity at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $92.35, for a total transaction of $2,689,601.40. Following the completion of the sale, the chief executive officer now directly owns 3,785,702 shares in the company, valued at $349,609,579.70. The trade was a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,830 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total transaction of $166,658.10. Following the sale, the executive vice president now owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. This represents a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 97,928 shares of company stock worth $8,978,123. 45.58% of the stock is owned by company insiders.

Analysts Set New Price Targets

WMT has been the topic of a number of recent analyst reports. KeyCorp increased their target price on shares of Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. Sanford C. Bernstein increased their target price on shares of Walmart from $98.00 to $102.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. Tigress Financial increased their target price on shares of Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, December 13th. Jefferies Financial Group increased their target price on shares of Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a research report on Tuesday, December 17th. Finally, UBS Group increased their target price on shares of Walmart from $92.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $94.69.

Walmart Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.